Virtu KCG Holdings LLC decreased its holdings in FireEye, Inc. (NASDAQ:FEYE) by 41.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,354 shares of the information security company’s stock after selling 29,223 shares during the quarter. Virtu KCG Holdings LLC’s holdings in FireEye were worth $629,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can raised its position in shares of FireEye by 37.4% during the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock worth $100,000 after acquiring an additional 2,147 shares during the last quarter. Fortaleza Asset Management Inc. bought a new stake in shares of FireEye during the second quarter worth $142,000. FNY Partners Fund LP grew its stake in shares of FireEye by 900.0% during the second quarter. FNY Partners Fund LP now owns 10,000 shares of the information security company’s stock worth $152,000 after purchasing an additional 9,000 shares during the period. US Bancorp DE grew its stake in shares of FireEye by 271.0% during the first quarter. US Bancorp DE now owns 10,662 shares of the information security company’s stock worth $135,000 after purchasing an additional 7,788 shares during the period. Finally, Sigma Planning Corp grew its stake in shares of FireEye by 2.5% during the second quarter. Sigma Planning Corp now owns 10,759 shares of the information security company’s stock worth $164,000 after purchasing an additional 266 shares during the period. Hedge funds and other institutional investors own 67.56% of the company’s stock.
In other FireEye news, EVP Alexa King sold 69,884 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $14.46, for a total value of $1,010,522.64. Following the transaction, the executive vice president now directly owns 428,733 shares in the company, valued at $6,199,479.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Travis M. Reese sold 11,555 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $17.50, for a total transaction of $202,212.50. Following the completion of the transaction, the president now owns 508,210 shares in the company, valued at $8,893,675. The disclosure for this sale can be found here. Insiders sold 194,884 shares of company stock worth $3,210,523 in the last 90 days. 2.40% of the stock is currently owned by corporate insiders.
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Shares of FireEye, Inc. (NASDAQ:FEYE) opened at 17.00 on Tuesday. The company’s market cap is $3.10 billion. The firm has a 50-day moving average price of $16.57 and a 200 day moving average price of $14.95. FireEye, Inc. has a 1-year low of $10.35 and a 1-year high of $18.00.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings results on Tuesday, August 1st. The information security company reported ($0.26) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.39) by $0.13. FireEye had a negative net margin of 46.37% and a negative return on equity of 26.21%. The firm had revenue of $185.50 million for the quarter, compared to analysts’ expectations of $176.39 million. During the same quarter in the prior year, the company posted ($0.33) earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that FireEye, Inc. will post ($0.21) EPS for the current fiscal year.
A number of equities research analysts recently commented on FEYE shares. Vetr cut FireEye from a “strong-buy” rating to a “buy” rating and set a $17.31 price objective for the company. in a research note on Thursday, June 22nd. BidaskClub cut FireEye from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. UBS AG set a $16.00 price objective on FireEye and gave the stock a “hold” rating in a research note on Friday, July 7th. Stifel Nicolaus reaffirmed a “buy” rating on shares of FireEye in a research note on Wednesday, July 19th. Finally, Evercore ISI set a $20.00 price objective on FireEye and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, twenty have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $17.13.
FireEye Company Profile
FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
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